ALTO vs APD vs AVY Stock Comparison

Alto Ingredients, Air Products & Chemicals and Avery Dennison Prices as of Oct 23, 2026 Peers: Industry group
ALTO Alto Ingredients, Inc.
$3.61 -3.2% 1M +234.3% 1Y
Market cap
$276.46M
P/E
5.5x
Revenue (TTM)
$943.33M
Div. yield
–
Specialty Chemicals Basic Materials
5 wins
AVY Avery Dennison Corp
$181.76 +5.3% 1M -2.4% 1Y
Market cap
$14.01B
P/E
19.9x
Revenue (TTM)
$9.25B
Div. yield
0.02%
Specialty Chemicals Basic Materials
4 wins

Head to Head

12 decided of 12

Alto Ingredients leads on 5 of the 12 questions below (Alto Ingredients 5, Avery Dennison 4, Air Products & Chemicals 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionALTOAPDAVYLeader
Larger companyMarket capitalisation $276.46M $68.08B $14.01B APD
Cheaper on earningsLower P/E, profitable companies only 5.5x -1,439x 19.9x ALTO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.8x 21.9x 17.1x ALTO
Faster revenue growthRevenue growth, trailing twelve months +1.1% +4.5% +5.8% AVY
More profitableNet margin, trailing twelve months 5.4% -0.4% 7.6% AVY
Better return on capitalReturn on invested capital — 0.0% 14.3% AVY
Less leveragedLower net debt / EBITDA 0.6x 17.4x 2.3x ALTO
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.02% APD
Better 1-year returnPrice return, last 12 months +234.3% +20.5% -2.4% ALTO
Better 5-year returnAnnualised price return, 5 years -8.8%/yr +1.1%/yr -3.5%/yr APD
Less volatileAnnualised volatility, 1 year 86.5% 26.3% 23.6% AVY
Higher overall scoreMean of the five percentile scores vs peers 85/100 38/100 69/100 ALTO

Percentile Scorecard

ALTOAPDAVY

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisALTOAPDAVY
Valuation 100 #1 of 94 18 #77 of 94 60 #38 of 94
Growth 96 #5 of 92 43 #53 of 92 84 #16 of 92
Profitability 66 #31 of 89 50 #45 of 89 92 #8 of 89
Financial Health 79 #21 of 97 20 #78 of 97 33 #65 of 97
Shareholder Returns – 59 #29 of 70 77 #17 of 70
Overall 85 38 69
  • ALTO ranked among 99 companies in Chemicals
  • APD ranked among 99 companies in Chemicals
  • AVY ranked among 99 companies in Chemicals

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodALTOAPDAVYSPY
1 month -3.2%+6.9%+5.3% -1.0%
3 months -22.2%+3.0%+13.0% +2.9%
6 months -32.1%+1.8%+9.8% +6.4%
Year to date +25.3%+24.3%-0.1% +11.4%
1 year +234.3%+20.5%-2.4% +13.1%
3 years -7.0%+10.8%+5.0% +79.4%
3 years, per year -2.4%+3.5%+1.6% +21.5%
5 years -37.0%+5.4%-16.4% +67.7%
5 years, per year -8.8%+1.1%-3.5% +10.9%
10 years -51.5%+128.4%+140.7% +255.2%
10 years, per year -7.0%+8.6%+9.2% +13.5%

Risk

MeasureALTOAPDAVYSPY
Volatility, 1Y 86.5%26.3%23.6% 12.7%
Downside volatility, 1Y 68.1%24.5%21.8% 12.7%
Beta vs S&P 500, 1Y 0.280.070.46 1.00
Return / volatility, 1Y 2.710.78-0.10 1.03
Max drawdown, 5Y -89.1%-33.8%-33.3% -25.4%
From 52-week high -39.7%-2.3%-7.9% -2.5%
52-week high $5.99$314.19$197.45 $779.14
52-week low $1.01$230.76$153.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleALTOAPDAVY
P/E now vs peer median 5.4xmedian 21.5x -1,446xmedian 21.5x 19.7xmedian 21.5x
P/S now vs peer median 0.3xmedian 1.4x 5.4xmedian 1.4x 1.5xmedian 1.4x
EV/EBITDA now vs peer median 5.1xmedian 12.4x 89.3xmedian 12.4x 11.3xmedian 12.4x
P/FCF now vs peer median 5.6xmedian 15.5x -226.9xmedian 15.5x 13.0xmedian 15.5x
P/B now vs peer median 1.1xmedian 1.6x 4.1xmedian 1.6x 5.9xmedian 1.6x
PEG now vs peer median 0.14median 1.70 54.70median 1.70 2.03median 1.70

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsALTOAPDAVY
Revenue $943.33M $12.60B $9.25B
Gross profit $64.51M $4.04B $2.68B
Operating income $35.61M -$593.10M $1.19B
Net income $51.99M -$19.70M $704.90M
Free cash flow $49.94M -$301.40M $1.06B
R&D – $90.80M –
EPS (diluted) $0.66 $-0.21 $9.23
Cash & equivalents $23.96M $980.50M $227.30M
Total debt $60.47M $17.48B $14.80B
Shares (diluted) 77.07M 222.80M 76.40M
Enterprise value $176.26M $63.27B $12.79B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricALTOAPDAVY
P/E 5.4x -1,446x 19.7x
P/FCF 5.6x -226.9x 13.0x
P/Operating cash flow 4.3x 15.0x 11.2x
P/S 0.3x 5.4x 1.5x
P/B 1.1x 4.1x 5.9x
P/Tangible book 1.1x 4.2x 8.9x
EV/EBITDA 5.1x 89.3x 11.3x
EV/EBIT 8.9x -143.1x 14.5x
EV/Revenue 0.3x 6.7x 1.9x
EV/FCF 6.3x -281.6x 16.2x
EV/Operating cash flow 4.9x 18.6x 14.0x
PEG (3Y EPS CAGR) 0.14 54.70 2.03

Growth

14 metrics
MetricALTOAPDAVY
Revenue growth (1Y) 1.1% 4.5% 5.8%
Revenue CAGR (3Y) -10.1% -1.0% 2.9%
Gross profit growth (1Y) 7,720% 5.1% 7.4%
Gross profit CAGR (3Y) 63.6% 2.7% 6.6%
Operating income growth (1Y) 162.4% -138.7% 5.9%
Operating income CAGR (3Y) 37.3% -31.0% 8.9%
Net income growth (1Y) 177.8% -101.2% -0.9%
Net income CAGR (3Y) 40.6% -26.2% 7.6%
EPS growth (1Y) 172.1% -103.1% 1.6%
EPS CAGR (3Y) 39.5% -26.4% 9.7%
Operating cash flow growth (1Y) 731.1% 54.8% 51.6%
Operating cash flow CAGR (3Y) 63.4% 13.1% 17.6%
Free cash flow growth (1Y) 481.7% 93.5% 67.3%
Free cash flow CAGR (3Y) 38.9% 27.5% 31.2%

Profitability

14 metrics
MetricALTOAPDAVY
Gross margin 6.8% 32.1% 29.0%
EBITDA margin 6.6% 7.5% 16.5%
Operating margin 3.8% -4.7% 12.8%
Pretax margin 5.4% -0.7% 10.4%
Net margin 5.4% -0.4% 7.6%
FCF margin 5.3% -2.4% 11.5%
Operating cash flow margin 6.9% 36.3% 13.3%
Return on equity 20.2% 0.0% 30.5%
Return on assets 13.1% 0.0% 7.8%
Return on invested capital – 0.0% 14.3%
Return on capital employed 10.4% -1.6% 19.5%
Asset turnover 2.4x 0.3x 1.0x
Cash conversion (OCF / net income) 1.3x -232.0x 1.8x
Stock comp / revenue 0.3% 0.4% 0.3%

Financial Health

11 metrics
MetricALTOAPDAVY
Debt / assets 15.2% 43.2% 39.9%
Debt / equity 0.2x 1.1x 1.6x
Net debt / EBITDA 0.6x 17.4x 2.3x
Debt / FCF 1.2x -58.0x 3.5x
Liabilities / assets 34.6% 59.0% 74.8%
Equity / assets 65.4% 41.0% 25.2%
Interest coverage 3.8x -2.7x 8.4x
Current ratio 3.2x 1.1x 1.1x
Quick ratio 1.8x 0.6x 0.7x
Cash ratio 0.5x 0.2x 0.1x
Altman Z-score 1.42 2.56 3.57

Shareholder Returns

7 metrics
MetricALTOAPDAVY
Dividend yield – 2.4% 2.1%
Net buyback yield – – 3.0%
Shareholder yield – 2.4% 5.1%
Payout ratio (earnings) – -8,114% 41.7%
Payout ratio (FCF) – -530.3% 27.7%
Dividend growth (1Y) – 1.2% 3.4%
Dividend CAGR (3Y) – 2.9% 5.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusALTOAPDAVY
Forward P/E 9.8xFY2026 21.9xFY2026 17.1xFY2026
EPS, next fiscal year $0.37FY2026 $14.01FY2026 $10.61FY2026
EPS growth, next FY +131.3%FY2026 +16.5%FY2026 +11.3%FY2026
EPS growth, the year after -16.2% +5.3% +7.9%
Revenue, next fiscal year $1.00BFY2026 $12.02BFY2026 $9.83BFY2026
Revenue growth, next FY +9.1%FY2026 -0.2%FY2026 +11.0%FY2026
Revenue growth, the year after +1.1% +8.6% +0.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersALTOAPDAVY
Held by institutions 46.3% 91.2% 97.4%
Institutions holding 134 1,772 783
Change in shares held, QoQ +14.2% +2.0% +2.7%
Institutions buying 97 745 384
Institutions selling 25 722 272
Buyers to sellers 3.88 1.03 1.41

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ALTOAPDAVY
ALTO 1.00 0.16 -0.15
APD 0.16 1.00 0.27
AVY -0.15 0.27 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ALTO, APD and AVY?

Air Products & Chemicals (APD) is the largest by market capitalisation: Alto Ingredients (ALTO) $276.46M, Air Products & Chemicals (APD) $68.08B, Avery Dennison (AVY) $14.01B.

Which stock is cheaper, ALTO, APD and AVY?

Alto Ingredients (ALTO) trades on the lowest price-to-earnings ratio (Alto Ingredients (ALTO) 5.5x, Air Products & Chemicals (APD) -1,439x, Avery Dennison (AVY) 19.9x). On next year's consensus earnings, Alto Ingredients (ALTO) is cheapest (Alto Ingredients (ALTO) 9.8x, Air Products & Chemicals (APD) 21.9x, Avery Dennison (AVY) 17.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Avery Dennison (AVY) grew revenue fastest over the trailing twelve months: Alto Ingredients (ALTO) +1.1%, Air Products & Chemicals (APD) +4.5%, Avery Dennison (AVY) +5.8%.

Which company is more profitable?

Avery Dennison (AVY) has the highest net margin (Alto Ingredients (ALTO) 5.4%, Air Products & Chemicals (APD) -0.4%, Avery Dennison (AVY) 7.6%). On return on invested capital, Avery Dennison (AVY) leads (Air Products & Chemicals (APD) 0.0%, Avery Dennison (AVY) 14.3%).

Which stock has performed better?

Over the past year Alto Ingredients (ALTO) returned the most: Alto Ingredients (ALTO) +234.3%, Air Products & Chemicals (APD) +20.5%, Avery Dennison (AVY) -2.4%. Over five years, Air Products & Chemicals (APD) compounded fastest (Alto Ingredients (ALTO) -8.8%/yr, Air Products & Chemicals (APD) +1.1%/yr, Avery Dennison (AVY) -3.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Air Products & Chemicals (APD) has the highest dividend yield: Alto Ingredients (ALTO) 0.00%, Air Products & Chemicals (APD) 0.02%, Avery Dennison (AVY) 0.02%. Alto Ingredients (ALTO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Avery Dennison (AVY) has been the steadiest (Alto Ingredients (ALTO) 86.5%, Air Products & Chemicals (APD) 26.3%, Avery Dennison (AVY) 23.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ALTO, APD and AVY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Alto Ingredients (ALTO) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.